Free TEL GEX - Live TE Connectivity Gamma Exposure
Free TEL GEX helps you examine modeled TE Connectivity gamma exposure by strike. Select one or more expirations to compare net GEX, the call wall, the put wall, and the gamma flip around technology demand, product cycles, capital spending, and company guidance.
How to use the TEL GEX tool
Search TEL
TEL is already entered. Keep it or enter another ticker, then select Search.
Select expirations
Choose one or more expiration dates to include.
Generate GEX
Select Generate GEX to view the chart and key levels.
Run up to 3 free GEX calculations per day. Need more?
Continue for free in the GEX demoWhat is Gamma Exposure (GEX)?
Gamma Exposure represents the sensitivity of an option's delta to changes in the underlying price. Market makers hedge their gamma exposure, creating support/resistance at high GEX strikes.
Key Levels:
- Call Wall: Strike with highest positive GEX (resistance)
- Put Wall: Strike with the largest put GEX, shown as the deepest negative bar (support)
- Gamma Flip: Where total GEX changes from negative to positive
Positive GEX: Market makers sell into rallies, buy into dips (stabilizing).
Negative GEX: Market makers buy into rallies, sell into dips (amplifying moves).
Select a ticker and expiration date, then click Generate GEX to see the analysis
Key levels
TEL GEX levels in detail
Data as of
Spot
$219.08
Call wall
$220
0.4% above spot
Put wall
$210
4.1% below spot
Gamma flip
$198.63
9.3% below spot
Net GEX
$2K
positive gamma
Largest gamma by strike
- $220 $828
- $230 $517
- $240 $231
- $190 -$177
- $250 $112
Since the previous session (Sep 24)
- Spot up 2.5% ($213.67 to $219.08)
- Call wall unchanged at $220
- Put wall unchanged at $210
- Net GEX $1K to $2K
Reviewed by the QuantWheel research team. Modeled from listed TEL options data; not observed dealer inventory and not a forecast. Read how we compute TEL GEX levels.
Build your TEL GEX workspace
Add TEL Heatmap, Max Pain and other GEX views to a custom multi-ticker workspace.
Understanding TEL gamma exposure
TE Connectivity is classified in Electronic Manufacturing Services within Information Technology. TEL options can respond to company earnings and changes in technology demand, product cycles, capital spending, and company guidance. Use the GEX chart to see whether modeled positive and negative exposure is concentrated at a few strikes or spread across the selected chain.
The TEL call wall, put wall, and gamma flip depend on the contracts included in the calculation. Recompute the chart after changing expirations and compare the distribution around the current price. The output is positioning context rather than a forecast.
New to the concept? Start with our guides to gamma in options and the options Greeks.
TEL GEX methodology and limitations
QuantWheel calculates TEL GEX from the selected expirations, available options data and the formula displayed in the calculator. The result summarizes modeled gamma exposure by strike.
GEX is a model output, not observed dealer inventory or a price forecast. Open interest does not identify who owns an option, and the displayed call wall, put wall and gamma flip can change when the inputs or selected expirations change.
TEL GEX FAQ
What is TEL GEX?
TEL GEX estimates gamma exposure across listed TEL options using option gamma and open interest. It helps you compare how modeled exposure is distributed by strike and expiration. TEL GEX does not reveal actual dealer positions or predict where TEL will trade.
How do I read the TEL call wall and put wall?
QuantWheel labels the TEL call wall as the strike with the largest positive modeled GEX and the TEL put wall as the strike with the largest negative modeled GEX in your selected data. Compare both with the TEL price and expiration choices. They are reference levels, not guaranteed support or resistance.
What is the TEL gamma flip?
The TEL gamma flip is the price where modeled net gamma crosses zero for the selected TEL options data. Compare it with the current price and the shape of the strike chart. The TEL gamma flip is a model output, not a trading signal.
Which expirations should I use for TEL GEX?
Start with the nearest TEL expiration to study short-dated positioning, then add later expirations to compare a broader part of the options chain. Each selection changes which TEL contracts are included, so compare one expiration with a combined view before drawing conclusions.
Is the TEL GEX calculator free?
Yes. You can run up to three free TEL GEX calculations per day on the public tool. After using those calculations, continue for free in the GEX demo. Check the current QuantWheel pricing page for plan access details.